Historic Lao kip Guyanese dollar

Lao kip guyanese dollar history for February 2024. The highest quote for this month is 0.010031 (03/02/2024) and the lowest 0.01004 (03/02/2024). The difference between high and low is -0.09.

LAK GYD average rate for February 2024 is 0.00973, the change between 01/02/2024 and 29/02/2024 is -0.34 %.

01 February 20241 LAK = 0.0097 GYD
02 February 20241 LAK = 0.0097 GYD
03 February 20241 LAK = 0.0100 GYD
04 February 20241 LAK = 0.0100 GYD
05 February 20241 LAK = 0.0097 GYD
06 February 20241 LAK = 0.0097 GYD
07 February 20241 LAK = 0.0096 GYD
08 February 20241 LAK = 0.0096 GYD
09 February 20241 LAK = 0.0096 GYD
12 February 20241 LAK = 0.0097 GYD
13 February 20241 LAK = 0.0096 GYD
14 February 20241 LAK = 0.0096 GYD
15 February 20241 LAK = 0.0096 GYD
16 February 20241 LAK = 0.0096 GYD
17 February 20241 LAK = 0.0100 GYD
18 February 20241 LAK = 0.0100 GYD
19 February 20241 LAK = 0.0097 GYD
20 February 20241 LAK = 0.0097 GYD
21 February 20241 LAK = 0.0096 GYD
22 February 20241 LAK = 0.0096 GYD
23 February 20241 LAK = 0.0096 GYD
24 February 20241 LAK = 0.0100 GYD
25 February 20241 LAK = 0.0100 GYD
26 February 20241 LAK = 0.0097 GYD
27 February 20241 LAK = 0.0096 GYD
28 February 20241 LAK = 0.0096 GYD
29 February 20241 LAK = 0.0097 GYD

01/01/2021: Digitalization of the kip

The Bank of the Lao PDR introduced digital payment systems and promoted cashless transactions to modernize the use of the kip in the digital era.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

14/10/2013: Kip exchange rate liberalized

Laos liberalized its exchange rate regime, allowing the kip's value to be determined by market forces, leading to fluctuations in its value.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

02/05/1980: Revaluation of the kip

The Lao government initiated a revaluation of the kip, resulting in the exchange rate of 1 new kip to 100 old kip.

02/12/1976: Kip becomes the sole legal tender

The Lao kip was declared as the sole legal tender in Laos, replacing the use of other currencies within the country.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

01/01/1952: Currency reform

Laos implemented a currency reform that replaced the French Indochinese piastre with the new kip, at an exchange rate of 100 new kip to 1 old piastre.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

12/10/1945: Lao kip introduced

The Lao kip was first introduced as the official currency of Laos following the country's liberation from French colonial rule.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.
LAK GYD August 2023
LAK GYD September 2023
LAK GYD October 2023
LAK GYD November 2023
LAK GYD December 2023
LAK GYD January 2024
LAK GYD February 2024
LAK GYD March 2024
LAK GYD April 2024
LAK GYD May 2024
LAK GYD June 2024
LAK GYD July 2024
LAK GYD August 2024